Total monthly cost of ownership
Cost to Own a Home in Morton, Washington
A $275,000 home here costs
$2,049per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,414. The real number is $635 higher every month — 45% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Morton against Lewis County and Washington
| Measure | Morton | Lewis County |
|---|---|---|
| Median home value | $274,700 | $341,500 |
| Median property tax | $1,954 | $2,433 |
| Effective tax rate | 0.711% | 0.712% |
| Median gross rent | $931 | $1,044 |
| Population | 1,142 | 83,925 |
The weather behind that power bill
Morton sits in Lewis County, which averages a high of 78.0°F in its hottest month and a low of 32.3°F in its coldest, with 50.62" of precipitation a year and 47% of it in a single three-month stretch. That climate drives 113 cooling and 5,378 heating degree days, which is what sets the $134 electricity line above.
See the full climate breakdown for Lewis County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lewis County
Full Lewis County cost breakdown · Every county in Washington
Common questions
How much does it cost to own a home in Morton?
A $275,000 home in Morton, Washington costs approximately $2,049 per month with 20% down at 6.66%. That is $1,414 principal and interest, $163 property tax, $41 homeowners insurance, $202 utilities and $229 set aside for maintenance.
What is the property tax rate in Morton?
Morton has an effective property tax rate of 0.711%, based on a median home value of $274,700 and median real estate taxes of $1,954. That is in line with the Lewis County average of 0.712%.
What is the average home price in Morton?
The median owner-occupied home value in Morton, Washington is $274,700, against $341,500 across Lewis County.
Is it cheaper to rent or buy in Morton?
Median gross rent in Morton is $931 a month, against $2,049 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Morton — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Washington.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.